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$AET said it will deliver up to $63Bil in 2016 operating revenue. The company continues to project that its full-year total medical benefit ratio will be in the range of 81.6% plus or minus 30 BPs. OpEx ratio is projected to be less than 18.5% for the full year 2016. Pre-tax operating margin is expected to be 8.0-8.5%.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.